Jan 10, 2010

Your forexlive.com ENewsletter

Your forexlive.com ENewsletter

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The rubes weren’t the only ones caught by the property bubble

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From the Atlantic: Cheap money makes us stoopid. One of the most persistent narratives of the recent crisis portrays a nation of unsophisticated home buyers led astray by greedy bankers. Supposedly those bankers were willing to write risky loans because they intended to pass them on to some unwary investor. But ...

Chavez devalues Bolivar

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Venezuela cuts exchange rate in half. Odd an oil exporter has to devalue its currency, isn't it? Could anything be systemically wrong?

Britain faces “toughest cuts for 20 years”

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Darling and Mandelson win election policy battle with weakened PM.

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